Rail Modal Group Announces $50 Million Capital Raise From The Baupost Group
Amount Raised
$50 Million
Round Type
Funding Round
City Of AlbanyAgriculture and FarmingTransportationSupply Chain ManagementLogisticsInvestors
Description
Rail Modal Group ("RMG"), the leading provider of intermodal rail solutions, today announced the successful capital raise of $50 million from The Baupost Group ("Baupost").
Quick answer
Rail Modal Group raised $50 Million in a Funding Round round, dated September 19, 2023. Investors: The Baupost Group. Rail Modal Group is based in City Of Albany, New York, United States.
- How much did Rail Modal Group raise?
- Rail Modal Group raised $50 Million in a Funding Round round on September 19, 2023.
- Who invested in Rail Modal Group?
- The Baupost Group is named as investors in this round.
- What does Rail Modal Group do?
- Rail Modal Group (RMG) is a company with a focus on revolutionizing the agriculture and logistics industry with innovative greener supply chain solutions.
- Where is Rail Modal Group based and how big is it?
- Rail Modal Group is based in City Of Albany, New York, United States. Fundz records about 28 employees.
- Who are the decision-makers at Rail Modal Group?
- Fundz holds 1 contact at Rail Modal Group, including the Chief Operating Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming and Transportation around the same time
Companies in the same sectors as Rail Modal Group that raised within 45 days of this round, from Fundz verified event records.
- Pipedream raised $9.4M on October 24, 2023.
- Position Imaging raised $30M (Funding Round) on October 22, 2023.
- CropX Technologies raised an undisclosed amount (Series C) on October 4, 2023.
- India Index raised $500K (Pre-Seed) on September 15, 2023.
- Mottu raised $50M (Series C) on September 15, 2023.
- Optilogic raised an undisclosed amount on September 13, 2023.
Who to call at Rail Modal Group, and when
A new round usually means Rail Modal Group is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Rail Modal Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Rail Modal Group, from your own LinkedIn network
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Related People
Rail Modal Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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